QUOTE(Jliew168 @ Nov 25 2014, 05:59 PM)
When I say I wanna sell midfield 2 ? Wild assumption again hahahhaI won't stay there but I will rent out or keep until I wanna upgrade something only I will sell..every time I sell I usually transfer the money to better investment or other property
Anyway I will make an exception for u if u still homeless after 4 years I will sell u cheaper...even jolokia offer 30k higher I still will give u this priority ah hahah
I sell u cheaper based on market price ahh don't mistake cheaper than developer price lol
can you dun be a big kid... the whole Midfields 2 still got.. you tell me that you beratur song song long long buy for vacant? and keep?
550k bought, flip 750k (standard 200k)
550k loan, not taking ur example, you pay 30% other pay 10%.. that is around 2,350 per month, maintenance for Midfields around 27 cents? maybe around RM300 per month
total damage = 2350 + 300 = 2650 per month ( not including other miscellaneous)
say upon vp you service loan around 2650 X 12 = 31.8k , from 750k , you need at least add up 781k..
if plus yearly increment, the bull run theory(aka known as yearly inflation) of 10% ( you are more daring you mention in the past), that would another 75k
the new price after 1 year vp = 75k + 781k= 856k
the new price after 2 year vp = 85.6k + (781k + 31.8k) = 973k..
the new price after 3 year vp = 97.3k + ( 973k + 38.1k) =1.108 million
that is assuming the OPR stagnant for the next 3 years.. if not the cost can easily hit 50k per year... plus the expected bull run/inflation..
now you say doable or not? I think the 1st year also got problem..